Total bids
22
22 including cancelled tenders
Awarded
17
5 lost · 0 still pending
Awarded value
₹81.3 Cr
of ₹206.9 Cr bid — 39.3% conversion
Win rate
77.3%
of 22 decided bids
Bid outcomes
Lost bids carry more value than won ones — they chase big and lose bigBy count22 bids
77.3%
22.7%
Awarded1777.3%
Pending00.0%
Tech rejected00.0%
Lost522.7%
By value₹206.9 Cr
39.3%
60.7%
Awarded₹81.3 Cr39.3%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹125.6 Cr60.7%
Where they win
1 authority · 0 statesTop buyer organisations
Operating states
LowHigh
17 awards on central/PSU portals carry no state
Top competitors
In tenders they both bid · bar shows how the awards splitRival awardedPANAMA PETROCHEM awardedOthers
Recent tenders awarded to PANAMA PETROCHEM
- Procurement of Refrigeration Oil Light (ROL/VG12) Base OilIndianOil · 23 Aug 2022₹3.8 Cr
- procurement of Refrigeration oil light and heavyIndianOil · 27 May 2022₹11.3 L
- Procurement of 600 MT of Yubase 4 base oil.IndianOil · 24 Dec 2021₹10.4 Cr
- Procurement of Group III Ultra S8 and Ultra S4 Base Oil Procurement of Group III Ultra S8 and Ultra S4 Base OilIndianOil · 11 Jun 2021₹6.8 Cr
- Procurement of various grades of Lube oil base stockIndianOil · 24 Jan 2021₹25.2 Cr
About PANAMA PETROCHEM LIMITED
PANAMA PETROCHEM LIMITED appears as a bidder on 22 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 22 decided bids, it was awarded 17 — a 77.3% win rate — worth ₹81.3 Cr in total. Its most recent award on record is from 9 Jan 2023.
Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is the lowest (L1).
It most often bids against NANDAN PETROCHEM LTD, Gandhar Oil Refinery India Ltd and GENUINE TRADING CORPORATION. NANDAN PETROCHEM LTD bid on 6 of the same tenders and won 2 of them; PANAMA PETROCHEM LIMITED won 4.